Donald Alvarez - 19 Oct 2021 Form 3 Insider Report for Cyngn, Inc. (CYN)

Role
Chief Financial Officer
Signature
/s/ Donald Alvarez
Issuer symbol
CYN
Transactions as of
19 Oct 2021
Net transactions value
$0
Form type
3
Filing time
19 Oct 2021, 17:06:14 UTC
Next filing
10 Nov 2022
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding CYN Stock Option 19 Oct 2021 Common Stock 400,000 $2.88 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25% of the grant or 100,000 stock options, vest after the one year anniversary of the date of grant of June 1, 2021 with the remainder vesting monthly thereafter in equal amounts over three years.